Market Overview

Recap: Cincinnati Financial Q2 Earnings

Share:

Shares of Cincinnati Financial (NASDAQ:CINF) fell 0.25% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 48.24% year over year to $0.44, which missed the estimate of $0.67.

Revenue of $2,714,000,000 higher by 41.87% from the same period last year, which beat the estimate of $1,610,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Cincinnati Financial hasn't issued any revenue guidance for the time being.

Price Action

52-week high: $118.19

52-week low: $46.07

Price action over last quarter: Up 14.82%

Company Description

Cincinnati Financial Corp is a property and casualty insurance company that generates income through written premiums. A select group of independent agencies actively markets the company's business, home, and automotive insurance within their communities. These agents offer the company's personal lines as well as its standard market, excess, and surplus commercial line policies in many regions in the United States. Cincinnati Financial also offers leasing and financing services. The vast majority of the company's revenue is generated through commercial lines, followed by personal lines.

 

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Posted-In: Earnings